Posts by admin

Thailand- Corporate tax rate of 20% becomes permanent

October 26, 2015

The Royal Cabinet of Thailand ruled on 13 October 2015 that the corporate income tax rate will be permanently kept...

OECD: Regional Meeting on BEPS

October 24, 2015

The Eastern Europe and Central Asia Regional Meeting and Governmental Workshop on base erosion and profit shifting (BEPS) met on...

Romania: IMF issues report on fiscal and tax policy

October 23, 2015

The IMF has issued a report on Romania’s economy following the conclusion of discussions on recent economic developments and budget...

Nigeria: Federal High Court reversed a decision regarding companies fixed base

October 23, 2015

The Federal High Court has reversed a decision of the Tax Appeal Tribunal in a case concerning if a corporation...

Italy: Published Legislative Decree to Implement Tax Measures

October 23, 2015

Italy has Published Legislative Decree No. 147 of 14 September 2015 to Implement Tax Measures. The following issues are the...

UK: Tax Gap Still Decreasing

October 23, 2015

According to statistics released this week by HMRC the tax gap in the UK decreased to 6.4% of the tax...

DTA between Senegal and UAE signed

October 23, 2015

A tax treaty between Senegal and United Arab Emirates has been signed on 22nd October 2015.

Namibia-Increased VAT registration threshold

October 21, 2015

In Namibia the VAT registration threshold will be increased from 1 November 2016. The threshold will increase from NA$200,000 to NA$500,000.

IMF: Report on fairness of Tunisia’s tax system

October 17, 2015

Following the conclusion of consultations with Tunisia under Article IV of the IMF’s articles of agreement the IMF issued on...

Bulgaria: Draft bill to amend tax laws for 2016

October 16, 2015

The Council of Ministers has approved the bill for amendments to tax laws for 2016 and submitted the draft on...

ATAF conference on tax evasion and illicit financial flows

October 15, 2015

The African Tax Administration Forum (ATAF) is to hold its second International Conference on Tax in Africa from 21 to...

DTA between Armenia and Slovak Republic ratified by Armenia

October 14, 2015

The Income and Capital Tax Treaty (2015) between Armenia and Slovak Republic has been ratified by the Armenian Constitutional Court...

Slovak Republic: Amendments to income tax, VAT, excise duties and Tax Code approved

October 13, 2015

The Slovak parliament has approved the amendments to the Income Tax Act, VAT Act, legislation on excise duties and the...

Czech Republic: Income Tax Law amendment submitted to parliament

October 13, 2015

It has been reported that the government submitted an amendment to the Income Tax Law to the parliament which presents...

Kazakhstan: Bill regarding social health insurance sent to Senate

October 13, 2015

A bill about compulsory social health insurance contributions has been introduced and was sent to Senate on 8th October 2015....

Kazakhstan: Electronic VAT invoice

October 13, 2015

The State Revenue Committee has published a press release on 8th October 2015 for describing the system of electronic VAT...

Kenya: Budget for 2015-16

October 11, 2015

The Finance Bill for 2015-16 was passed as the Finance Act on 15 September 2015 in Kenya. The following changes...

OECD: BEPS Package approved by G20 Finance Ministers

October 10, 2015

The G20 Finance Ministers at their meeting of 8 October 2015 gave strong support to the final package of measures...